Finance

As the job market has tightened, many Gen Z college graduates have struggled to find stable footing — raising new questions about whether a degree is still worth the time and debt burden. But for many MBA students, the return on investment still looks hard to beat. While long-term earnings are strong, short-term job outcomes also remain solid.

Global oil futures surged the most in four years Monday, rising as much as 14%. The price of crude accounts for about half of how much motorists pay at the pump. And when oil rises quickly, gasoline prices tend to follow suit. "It's the rockets and feathers effect," said professor Christopher Knittel, associate dean for climate and sustainability. "When things are going up — they go up fast."

Research scientist Christian Catalini said: "Not just Meta, but also Google, Apple, all of them will be using multiple providers, as is the case when they do disbursements of payments. I would expect the market to be commodified in the future, rather than a branded stablecoin. In a sense, it's a sign that the market has matured."

Professor Simon Johnson, Institute Professor Daron Acemoglu, and MIT professor David Autor joined a webinar to discuss their new paper "Building pro-worker AI." "We are not currently on the pro-worker AI path and that's unfortunate, it's regrettable, it's avoidable, and we're working hard to try and get us onto a much more pro-worker path," said Johnson.